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Africa Needs Credible Institutions to Thrive - Annan

By Loyiso Langeni

Johannesburg, South Africa, May 28 (Business Day) — Kofi Annan, former secretary-general of the United Nations (UN), has identified the lack of credible institutions as one of the main stumbling blocks to Africa's attaining progress and prosperity.

Government Asks Russia To Explain Jet Story

By Sheila Naturinda

KAMPALA, Uganda, April 8, (The Monitor) - The government has summoned Moscow's envoy to Kampala to protest against Russian press reports that Uganda had bought fighter jets paid for by promises of crude oil. Defence Minister Crispus Kiyonga told Parliament yesterday that government has communicated to Moscow asking for the press reports to be withdrawn or explained.

Russian Businesses Seek Increased Cooperation With Africa

By Kester Kenn Klomegah

MOSCOW, March 10, (Buziness Africa) - Irina Ruzankina, head expert of the department of International Cooperation of the Russian Chamber of Commerce and Industry (RCCI), has emphasized the importance of increasing business and economic cooperation with the African countries.